Nordic American Tankers (NAT) Gross Profit (2009 - 2026)
Nordic American Tankers' Gross Profit was $53.91 million in Q2 2026, up 297.1% from $13.58 million a year earlier and up 11.0% from the prior quarter.
Nordic American Tankers (NAT) Gross Profit (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nordic American Tankers' Gross Profit was $150.46 million through Jun 30, 2026, up 131.9% year-over-year; for FY2025, it was $182.54 million, down 18.9% from FY2024.
- Gross Profit shows a five-year compound annual growth rate of -4.8% (FY2020 to FY2025).
- In earlier years, Gross Profit was $225.1 million in FY2024 (-14.1%), $262.18 million in FY2023 (+55.3%), $168.83 million in FY2022 (+168.8%) and $62.81 million in FY2021 (-73.1%).
- The Q2 2026 figure marks the highest quarterly Gross Profit since Q4 2023.
- Compared with a year earlier, Gross Profit has increased for three straight quarters, with growth averaging 55.1% over the last eight quarters.
- The best year-over-year quarter for Gross Profit over five years was Q1 2026 (growth of 337.6%); the worst was Q4 2024 (a decline of 69.0%).
- Per Business Quant data, NAT's Gross Profit in the three quarters before Q2 2026 was $48.56 million (Q1 2026), $31.61 million (Q4 2025) and $16.38 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - |
| 10 | Nordic American Tankers | 1.42 Bn | 1.09 Bn | 53.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.91 Mn |
| Mar 31, 2026 | 48.56 Mn |
| Dec 31, 2025 | 31.61 Mn |
| Sep 30, 2025 | 16.38 Mn |
| Jun 30, 2025 | 13.58 Mn |
| Mar 31, 2025 | 11.10 Mn |
| Dec 31, 2024 | 18.35 Mn |
| Sep 30, 2024 | 21.86 Mn |
| Jun 30, 2024 | 34.39 Mn |
| Mar 31, 2024 | 25.86 Mn |
| Dec 31, 2023 | 59.25 Mn |
| Sep 30, 2023 | 48.04 Mn |
| Jun 30, 2023 | 36.49 Mn |
| Mar 31, 2023 | 52.75 Mn |
| Dec 31, 2022 | 31.99 Mn |
| Sep 30, 2022 | -10.12 Mn |
| Jun 30, 2022 | -5.42 Mn |
| Mar 31, 2022 | -18.21 Mn |
| Dec 31, 2021 | -9.79 Mn |
| Jun 30, 2021 | -18.90 Mn |
Nordic American Tankers Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=NAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "NAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=NAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();